The number of nonprofit health systems violating their financial agreements with lenders or investors has increased since 2022 as providers struggle to meet debt obligations amid challenging operating ...

Garuda Indonesia is optimistic that it will not breach key debt covenants as its financial situation is looking stronger this year. The carrier says that after it restated its 2018 financial results, ...

MGM just issued this statement, which confirms my reporting from July 8th that this would happen. And see my exclusive update below: MGM STATEMENT REGARDING FISCAL 2009 AUDIT RESULTS (July 14, 2009) ...

Debt limitation is a bond covenant that seeks to protect current lenders by restricting the amount of additional debt that the issuer might incur. It involves debt covenants included in the initial ...

This story appears in the Feb. 16 print edition of Transport Topics. CORAL GABLES, Fla. — YRC Worldwide Inc.’s chief financial officer said here Feb. 11 that the company expects to announce agreements ...

A reader from the securities industry tells us the reason Liberty Media- owner John Malone has been busy selling off nearly $18 million worth IAC (IACI) shares is that a Liberty Media (LINTA) company ...

A pastor in Carrollton heard about NBC 5's medical debt initiative and wanted to get involved. He said with a problem this massive, he knew he had to do something big to help make a change. Joined ...

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TORONTO, April 01, 2020 (GLOBE NEWSWIRE) -- Just Energy Group Inc. (“Just Energy” or the “Company”) (TSX:JE) (NYSE:JE) announced today that it has amended its senior secured credit facility to ...

LONDON, Jan 13 (Reuters) - UK companies Taylor Wimpey and Premier Foods said in trading statements on Tuesday that they are in discussions with lenders to amend their debts and avoid the risk of ...

We can see from the most recent balance sheet that Covenant Logistics Group had liabilities of US$150.4m falling due within a year, and liabilities of US$194.5m due beyond that. Offsetting these ...

Cineworld Group PLC said Thursday that its lenders have agreed to temporarily waive debt covenants for June and that it agreed a new $110 million loan through its revolving credit facility. The London ...